This letter was sent to the Providence College campus by college president Rev. Brian J. Shanley regarding the college's agreement with the City to acquire public streets in exchange for payments in lieu of taxes
Category - Economy
PBN: JWU signs 10-year lease on Capitol Center condos
Johnson & Wales University has signed a new 10-year lease for One Park Row West, the former Capitol Cove condominium complex on the banks of the Moshassuck River the school has used as a student dormitory since...
PBN: R.I. Foundation holding ‘Make It Happen RI’
The Rhode Island Foundation will host “Make It Happen RI” on Friday and Saturday, Sept. 7 and 8. The event is designed to identify specific plans, along with the path to implement them, that in the end will help to...
Providence Community Libraries to close September 10-15 to address budget shortfall
Providence Community Library System to Close September 10 Through 15 Due to Cut in City Funding Sacrifice by PCL Staff Minimizes Extenet of Closures The Providence Community Library system will close Monday, September...
RISD Reaches Agreement with City to More Than Double Annual Contribution
Mayor Angel Taveras and Rhode Island School of Design President John Maeda announced today that RISD will more than double its annual payments to the City of Providence. RISD will contribute $2.75 million over 11 years...
ProJo: Providence mayor proposes borrowing $40 million to fix streets
Mayor Angel Taveras, who was warning that the city was close to bankruptcy four months ago, now wants to borrow $40 million to repave 62 miles of streets and make other infrastructure improvements.
Taveras announces new PILOT agreements with Care New England and CharterCARE
From the Mayor’s Office on Care New England (scroll down for announcement about CharterCARE): Mayor Taveras Announces PILOT Agreement with Care New England Taveras administration secures $5.7 million from five of...
Tentative Agreement between City and Retirees, Police, and Firefighters could avert municipal bankruptcy
Taveras Administration, Retirees, Police and Firefighters Reach Historic Tentative Agreement on Pension Reform Tentative settlement heads off high-stakes legal battle, saves Providence from looming bankruptcy...
WPRI: Taveras, retirees strike landmark deal
Providence Mayor Angel Taveras has struck a landmark deal with city workers and retirees that could save the capital from bankruptcy by scaling back future pensions, freezing cost-of-living adjustments and restructuring...
Good news on job growth from the Creative Sector
Amongst all the sturm und drang surrounding the 38 Studios debacle and municipal financial crises around the state, there is some good news from the creative sector of our economy. Over the last six years we have seen...
Rhode Island totally sucks open thread, Vis-a-vis 38 Studios
So I can often be wicked negative. And honestly, our site’s stats go up the more negative I am in my posts (and I get a few more fractions of cents from Google ads the higher our stats go, so,”¦), but often...
Mayor’s Office press release on $31.5 Million Agreement with Brown University
Brown University Gate. Photo (cc) thurdl01 From the Mayor’s Office: Mayor Taveras, Brown University Announce New $31.5 Million Agreement Tuesday, May 1, 2012 Mayor credits Governor Chafee’s statesmanship to...
Providence FY 2013 Budget Address
Text and information from Providence Mayor Angel Taveras' FY 2013 budget.
State Sen. Tassoni calls for removal of RIPTA CEO
State Sen. Tassoni calls for removal of RIPTA CEO Charles Odimgbe because apparently addressing the real problems is hard.
Boston.com: Innovation fellows to get $300K for RI projects
Allan Tear, co-founder of Betaspring, an incubator program that helps high-tech entrepreneurs turn their ideas into companies, aims to create a “start-up revolution” in areas including art and design and...
RI Future: Taveras Beheads Flanders; Chafee Should Give Him Haircut
Bob Flanders seemed to take a perverse pleasure in threatening other people’s livelihoods. But yesterday he was the one who got beheaded rather than getting a haircut when Providence Mayor Angel Taveras severed...
PBN: Providence Chapter 9 “unavoidable”
Providence, Rhode Island’s capital and biggest city, probably will seek bankruptcy court protection to deal with a budget deficit, Robert Flanders, the state-appointed receiver for nearby Central Falls, said...
RINPR: Chafee unveils plan for state’s distressed communities; legislative outlook uncertain
Flanked by mayors and town managers from around the state, Governor Lincoln Chafee unveiled a plan this afternoon for helping Rhode Island’s most fiscally troubled communities. He held up a copy of the Providence...